- Monolithic Power Systems Inc stock dropped by 5.83 % amid sector gains, driven by growth expectation recalibration in its data center segment.
- Pressures include reports of losing dominant supplier positions for PMICs in NVIDIA's Blackwell platform to competitors like Renesas and Infineon.
- Institutional profit-taking, technical issues at extreme high-power densities, and valuation de-rating also contributed to the downward movement.